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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
This time last year Bitcoin was trading below the $17k mark and the outlook for the market was bleak. Fast forward a year and cryptos number one token has broken through the $40k barrier and left it in its rearview mirror. As we know, what is good for Bitcoin is good for the market so we are looking forward to 2024 as another bull run seems imminent.
Now is the perfect time to start thinking about what projects you can profit from next year so we compiled a list of 7 new cryptocurrencies poised to dominate the 2024 market. We mostly focused on presales and one recently launched project. Here is the full list:
Bitcoin ETF Token (BTCETF)
Bitcoin Minetrix (BTCMTX)
Meme Kombat ($MK)
TG.Casino ($TGC)
Wall Street Memes (WSM)
yPredict (YPRED)
Pikamoon (PIKA)
So let's take a deep dive into each project to see why any of them could be your next smart investment opportunity.
From the second half of this year onward one of the driving forces for positive growth in the market has been Bitcoin ETF news. It started in the summer when, what was once just a pipedream, became a reality when BlackRock filed an application with the SEC for a spot Bitcoin ETF (BTCETF). This project, Bitcoin ETF Token (BTCETF), cleverly saw the positive effect this had on the market and formed their project around this.
Let's give a bit of background to show why this project can see massive gains from the progress of BlackRock's and other Bitcoin ETF applications. As we mentioned above, a crypto ETF has been seen as a dream scenario for so long by crypto enthusiasts. An ETF is an Exchange Traded-Fund that basically allows crypto to be purchased in a much more streamlined way akin to shares. It also takes out a lot of the risk associated with crypto trading.
This has all been seen as a way to legitimize the market and push it more into the mainstream consciousness. Once BlackRock and a lot of other asset managers on Wall Street began their ETF journey the market immediately pumped. Since then Bitcoin itself has pumped with any positive updates regarding these applications. If the largest crypto project can see big gains because of this news imagine how much a new low market cap coin like Bitcoin ETF Token can pump!
This isn't the only factor that makes this project your next investment opportunity. The coin also has some good utility. A massive 25% of the total allocation of BTCETF has been dedicated to staking and with a decent APY% investors can earn a generous passive income. Alongside this, a 5% burn tax will be applied to every transaction and another 25% of BTCETF will eventually be burnt. This creates scarcity and works well alongside the staking to make the token more valuable.
At first look, Bitcoin Minetrix may seem like a niche token as it is marketed toward Bitcoin miners. However, real crypto investors know that a project that could fix an issue with the largest cryptocurrency is a worthy investment opportunity. Its presale has been a huge success so far raising well over $4.5 million which proves our point that this project is an easy selection for your next smart investment opportunity.
First, let's look at what this issue is that Bitcoin Minetrix is pledging to fix and then why it is poised to dominate the 2024 market. Bitcoin mining has been a controversial topic in recent years. Environmental groups outside of crypto circles have complained about the amount of energy that data centers use to mine Bitcoin. Crypto enthusiasts have a similar complaint. These data centers have excluded the everyday investors as only the super-rich can now afford to mine Bitcoin.
Cloud mining was put forth as a solution to once again allow all potential investors to have a chance to mine Bitcoin. In theory, they would enter into cash contracts with mining centers which would allow them to mine. However, the sector is rife with scammers who give initial pay-offs to attract customers and then increase rates. These companies are now also demanding a share of the yields meaning the whole activity is now not worth it.
Bitcoin Minetrix's solution is a combination of cloud mining and staking that puts the power back in investors' hands. The staking part works like any other project and allows investors to earn a decent passive income. These staked tokens can also be exchanged for mining credits. These credits are burned in exchange for mining time or a share of the yields. The investor is always in control and it's a greener and cheaper way to mine Bitcoin.
We are predicting that P2E games are going to make a comeback in 2024 and a lot of that has to do with the release of Meme Kombat ($MK) , a new cryptocurrency poised to dominate the 2024 market. The sector in general has taken a back seat to meme coins so this project move to produce a P2E/meme coin crossover is a very savvy one. The presale has been a success too as over $2.5 million has already been raised and investors seem very excited for the release of Meme Kombat.
The game is inspired by the cult classic Mortal Kombat which is one of the most famous combat franchises of all time. In Meme Kombat you will be fighting against the computer or other players too but with the twist that you are battling with the biggest memes of the last 10 years. From Doge to Pepe they all have special attributes that make them unique fighting characters.
The game goes to great lengths to give players a unique gaming experience that has a hint of humor with excellent new-generation graphics. Meme Kombat has the chance to break into the mainstream gaming world thanks to its use of AI. The technology is used to give players an immersive experience they won't find anywhere else. AI is also used to help determine the outcome of every fight. This is important for our favorite aspect of the game.
Meme Kombat offers great gameplay but also different revenue streams for players. Staking is an important part of the ecosystem but there is an even more fun way to earn and that's through wagering. Meme Kombat has set up a sportsbook-like experience that allows players to gamble in lots of different ways. Bet against the computer, other players, or even your friends. You can also bet on lots of markets on fight events such as what the first move will be. It's easy to see why it's your next smart investment opportunity.
The crypto casino landscape has been exploding in popularity. This is great news for investors as over-saturation births innovation. We really like the look of TG.Casino ($TGC) and think it is going to be the biggest crypto casino in 2024. There are many factors to this but most crucially of all is the partnership with Telegram that will make it a Telegram Casino.
It is a huge deal that TG.Casino has struck that will now see it hosted on one of the biggest apps in the world. The obvious plus to this is that it gives them a huge potential customer base that no other crypto casino can hope to compete with. There are lots of other benefits too. Telegram is known for its bots that implement a smooth messaging app, these will be used in the casino to ensure transactions and other processes run as smoothly as possible.
We mentioned above how crypto casinos are growing in popularity. While this is true, they remain in the shadow of traditional online casinos. A lot of this has to do with crypto being a niche market and customers preferring to trust what they know. TG.Casino has a chance to break this mold and gain a mainstream following thanks to Telegram. Partnering with an app that is best known for its security features is a perfect look for a crypto casino.
Even before security what many casino players look for is bonuses, especially loyalty bonuses as these are what keep players around. The project is committed to purchasing open market $TGC every day using casino profits. A huge 60% of these will be used to sustain the ecosystem with staking and casino rewards. The other 40% will be burnt which only increases the worth of the project as a whole. An easy selection for your next smart investment opportunity.
As we can see from the 7-day performance chart of Wall Street Memes (WSM) it is finally starting to see some positive price movement. It is up over 14% in the last 7 days and could be poised to dominate the 2024 market. After its very successful presale, investors will be glad to finally see a return.
The presale raised over $25 million and was one of the most successful meme coin launches of all time. This is because the WSM brand already had a huge online presence. With over 1 million followers across its social media accounts, it is one of the most popular crypto accounts. Given its huge support and ever-developing ecosystem, we think it is in for a big year.
We are very excited about the launch of the yPredict (YPRED) platform and so are the 20,000 other investors that are already signed up for the site. The signals platform will utilize the top 1% of AI developers to give their investors the best trading insights on the market.
Alongside the AI process, there will be sentiment analysis. We are big fans of this as a lot of crypto movement comes down to momentum at times so it is great we have a platform that can finally analyze this. yPredict looks perfectly set up to be your next smart investment opportunity.
The second P2E game on our list, Pikamoon (PIKA) is included for its potential to break out of the blockchain game and attract a whole new audience. As readers may have already guessed, the game takes inspiration from Pokemon, one of the biggest gaming franchises of all time.
Instead of collecting badges, players will be able to earn $PIKA by completing in-game tasks. However, the cool part is there are characters just like Poekmon that players will be able to tame and bring along their journey. If the game can attract some fans of traditional games it could be huge!
The crypto market is a volatile risk market that is subject to change on any given day. That being said 2024 looks like it could be a great year for the market as we end 2023 on a high and have Bitcoin ETF progress and a Bitcoin halving event to look forward to.
New projects like presales offer the best available price for a coin normally before it goes up after stages are completed or by popularity. They often have lower market costs too, meaning a bigger chance of explosive gains.
In the list above we have selected our favorite seven projects that we think are poised to dominate the 2024 market. However, if you wish to narrow it down even more, Bitcoin ETF Token, Bitcoin Minetrix, Meme Kombat, and TG.Casino are the four best coins to purchase right now.
So there we have our 7 new cryptocurrencies poised to dominate the 2024 market. We hope you have enjoyed this piece and now know your next smart investment opportunity. As we mentioned in the last FAQ all are good options but Bitcoin ETF Token, Bitcoin Minetrix, Meme Kombat, and TG.Casino are the stand-out projects with the most potential for explosive gains in 2024.
